PHL wants competition, innovation in business

PRESIDENT Duterte’s independent foreign policy, alongside his socioeconomic reforms, will ensure that the Philippines will be a more attractive and more competitive place for foreign investment.

This is what Finance Secretary Carlos Dominguez III’s assurance to the members of the American Chamber of Commerce and Industry (AmCham) as they pledge support to Duterte’s 10-point socioeconomic agenda.

In a recent meeting with Dominguez, AmCham Philippines executive director Ebb Hinchliffe assured the government its “100 percent” support to the government’s 10-point socioeconomic agenda and its aspirations for the Duterte administration to be successful in implementing its development programs.

“We, AmCham and all…

Read more: PHL wants competition, innovation in business

Foreign Newsbriefs (Vol. 7, No. 8)

Aussie firms ‘cautious’ on Duterte’s anti-mining policies 

AUSTRALIAN Ambassador Amanda Gorely has declared that some mining companies and potential investors are adopting a wait-and-see approach following a renewed crackdown by the Department of Environment and Natural Resources against erring and irresponsible mining operators. 

She however expressed hopes that “there will be more certainty and clarity in the coming weeks” to boost investors’ confidence in the Philippines. 

Gorely also assured that Australian companies across several industries also remain committed to the Philippines and are confident of the country’s growing economy.

Menawhile, in celebration of the 70th anniversary of formal…

Read more: Foreign Newsbriefs (Vol. 7, No. 8)

Ph, Denmark forge social security partnership

FILIPINO workers based in Denmark would now receive social security benefits under the same conditions applicable to their Danish hosts following the recently signed bilateral agreement signed by Denmark and the Philippines.

SSS International Affairs Department Manager Roberto B. Bautista said the agreement, which was ratified last year and already in effect, will benefit Filipino and Danish nationals with current or previous work in the Philippines and Denmark who have been covered by social security legislation in either or both countries.

“The agreement is in line with the International Convention 118 on Equality of Treatment. We want to ensure that…

Read more: Ph, Denmark forge social security partnership

PH, Poland strengthen economic ties

THE Philippines and Poland are further strengthening their bilateral economic relations through mutual promotion of trade and investments, as the two countries conducted the Philippines-Poland Business Forum in Manila recently.

Jointly organized by the Philippine Board of Investments (BOI) and the Embassy of Poland in Kuala Lumpur which also covers the Philippines, the whole-day business forum at the World Trade Center highlighted the business opportunities between the two countries through informative presentations from both sides followed by business-to-business meeting sessions.

“It was after 17 years that a business delegation from Poland, representing nine companies and agencies, visited the Philippines once…

Read more: PH, Poland strengthen economic ties

Danish envoy hopeful in Duterte administration

DENMARK Ambassador Jan Top Christensen said they are more confident that opportunities will continue to open for the country should the Duterte administration fully implement its proposed 10-point socio-economic program. 

“The realization of the 10-point socio-economic program will help in improving the conditions of the middle class and ensure more inclusive growth while also raising the livelihood of people living below the poverty line,” said Christensen in his speech, as he opened the Danish Days celebration recently. 

He cited some of the more salient points of the program among them the substantial increase of investment in infrastructure and…

Read more: Danish envoy hopeful in Duterte administration

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